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Merion, Inc.: 10-Q filed 2018-08-14

What Merion, Inc. reported in its quarterly report filed 2018-08-14 (fiscal Q2 2018): 30 published measures, 76 facts as tagged in accession 0001477932-18-003979.

This filing

Form
10-Q (quarterly report)
Filed
2018-08-14
Fiscal period
fiscal Q2 2018
Accession
0001477932-18-003979 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Merion, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2018-06-301,435,402USD
At 2017-12-31206,988USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2018-06-307,396,556USD
At 2017-12-317,357,121USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2018-06-30-5,961,154USD
At 2017-12-31-7,150,133USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2018-06-3025,859USD
At 2017-12-315,038USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2018-04-01 to 2018-06-30-325,810USD91
2018-01-01 to 2018-06-30-1,365,574USD181
2017-04-01 to 2017-06-30-296,961USD91
2017-01-01 to 2017-06-30-678,890USD181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2018-01-01 to 2018-06-30-935,237USD181
2017-01-01 to 2017-06-30-366,960USD181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2018-04-01 to 2018-06-30146,909USD91
2018-01-01 to 2018-06-30211,617USD181
2017-04-01 to 2017-06-3087,501USD91
2017-01-01 to 2017-06-30119,997USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2018-01-01 to 2018-06-30956,058USD181
2017-01-01 to 2017-06-30369,754USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2018-06-30-20,432,222USD
At 2017-12-31-19,066,648USD

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2018-04-01 to 2018-06-30171,610,812shares91
2018-01-01 to 2018-06-30170,631,039shares181
2017-04-01 to 2017-06-30142,828,993shares91
2017-01-01 to 2017-06-30142,828,993shares181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2018-04-01 to 2018-06-300USD/shares91
2018-01-01 to 2018-06-30-0.01USD/shares181
2017-04-01 to 2017-06-300USD/shares91
2017-01-01 to 2017-06-300USD/shares181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2018-06-30425,193USD
At 2017-12-3141,249USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2018-04-01 to 2018-06-3044,000USD91
2018-01-01 to 2018-06-30524,000USD181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2018-04-01 to 2018-06-30-336,353USD91
2018-01-01 to 2018-06-30-1,431,359USD181
2017-04-01 to 2017-06-30-278,763USD91
2017-01-01 to 2017-06-30-642,843USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2018-06-30155,209USD
At 2017-12-31165,739USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2018-06-307,389,808USD
At 2017-12-316,872,123USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2018-06-30855,000USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2018-06-3023,418USD
At 2017-12-3150,864USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2018-04-01 to 2018-06-30457,620USD91
2018-01-01 to 2018-06-301,590,156USD181
2017-04-01 to 2017-06-30332,503USD91
2017-01-01 to 2017-06-30723,347USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2018-06-3063,465USD
At 2017-12-3180,769USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2018-04-01 to 2018-06-30121,267USD91
2018-01-01 to 2018-06-30158,797USD181
2017-04-01 to 2017-06-3053,740USD91
2017-01-01 to 2017-06-3080,504USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2018-06-30172,172,028shares
At 2017-12-31169,161,896shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2018-06-3014,298,896USD
At 2017-12-3111,870,808USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2018-06-306,748USD
At 2017-12-3113,395USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2018-06-30781,369USD
At 2017-12-31361,369USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2018-06-30356,176USD
At 2017-12-31320,120USD

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2018-04-01 to 2018-06-30387,705USD91
2018-01-01 to 2018-06-30808,340USD181
2017-04-01 to 2017-06-30280,283USD91
2017-01-01 to 2017-06-30666,143USD181

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2018-04-01 to 2018-06-3022,500USD91
2018-01-01 to 2018-06-3045,000USD181
2017-04-01 to 2017-06-300USD91
2017-01-01 to 2017-06-300USD181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2018-01-01 to 2018-06-301,350,553USD181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2018-01-01 to 2018-06-3017,304USD181
2017-01-01 to 2017-06-30-1,950USD181

Inspect the source

Entity
Merion, Inc. / CIK 0001517498
Captured
SEC response SHA-256
90dbc644a3c196e55d862ae1effe0cc068f45ceb31acd11bdced046ed2b74e4b

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001517498.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))